Start Your Own Business 2021 - Step by Step Instructions for Start-Ups
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| Image by Gerd Altmann from Pixabay |
But the path to self-employment is not that easy, which is why in this series of articles I show step by step in 22 articles how entrepreneurs can set up their own business.
Above all, I attach great importance to long-term success and give many tips, examples, and experiences from my more than 15 years of self-employment.
Start Your Own Business - 22 Step Instructions
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| Start Your Own Business 2021 - Step by Step Instructions for Start-Ups |
My instructions for start-ups include 22 steps and in them, I show all important aspects. In addition to professional qualifications, it is crucial to be fit in the commercial area to have long-term success as a self-employed person.
That is why it is not possible to become self-employed overnight. You have to answer various questions for yourself, make important decisions, and make preparations. But even during the first few months, start-ups have to pay attention to a lot and always go new ways, because hardly any self-employment goes as planned.
The focus of these instructions is on self-employment on the Internet, e.g. as a website operator, affiliate, online shop owner, blogger, influencer, and so on. Most of the tips and information are interesting and useful for all start-ups.
Here is an overview of the individual steps and the links to the detailed articles.
#1 7 Prerequisites and Personal Suitability for Self-Employment
In the first step, I will deal with the requirements you should meet as a business start-up and what are good and bad reasons for wanting to start your own business.
There are also 2 checklists as a free download so that everyone can check for themselves whether the correct setting and the important requirements are met.
to 7 prerequisites and personal suitability for self-employment
#2 Business Ideas and Their Analysis
Ideas are often overestimated because implementation is what counts. Nevertheless, a good and promising idea is important, which is why I am going into this section on ways to find interesting business ideas.
However, you must analyze these intensively to have a suitable business idea as a starting point in the end.
to Find and analyze the perfect business idea
#3 Planning, Goals, and the Business Plan
The motivation of business start-ups is often very high, but you should still plan well to avoid nasty surprises.
In this step, I am looking into the question of whether a business plan is necessary and how to create one. It is also about goals and milestones, and why they are so important.
about 10 steps to the business plan + planning and objectives
#4 Business Start-Up as ...
In this step, I explain what differences there are when you start your own business as a pupil, student, or while unemployed and of course also give practical tips.
Among other things, this includes insurance, income limits, and more.
to start a business as a pupil, student, or out of unemployment
#5 Doing Part-Time Self-Employed
But you can also become self-employed as a part-time job, and I'll go into that in more detail in this part of this series of articles.
So I list the advantages and disadvantages of a part-time job and also go into topics like taxes and insurance.
to become self-employed as a part-time job - advantages, disadvantages, taxes ...
#6 The Right Legal Form for Start-Ups
I present possible legal forms, show their differences, and give tips on choosing the right legal form.
Of course, I also address the question of freelancers or tradespeople and describe my own experiences from 15 years of self-employment.
to The correct legal form ...
#7 11 Tips for the Right Company Name + Tool Recommendations
Choosing a company name seems mundane, but that's a decision for the future. That's why I give practical tips on how to find a suitable company name for your business.
I also go into legal requirements and possible pitfalls that you should be aware of.
top 11 tips for the right company name
#8 Registering a Business - This is How You Do the Business Registration Correctly
The next step is necessary because it is about the business registration. When this is necessary and what is best written in, you will find out in this part of the series.
I also go into the tax office, IHK, and other bodies that may be related to it.
to sign commercial - So you make the right business registration
#9 Which Business Papers Do Start-Ups Need?
Even if business cards are no longer as important as they used to be, as a start-up you need proper business papers.
Which are necessary and which are no longer needed today, as well as design tips and how to have them printed.
to Which business papers do entrepreneurs need?
#10 Office Space, Technology, Hardware, Software, and More
Where and with which technology you then work as a self-employed person is the subject of this article. What options are there and what their advantages and disadvantages are?
It's also about setup, hardware, software, and more important things.
#11 Taxes for the Self-Employed
Most of the problems start-up entrepreneurs who start their own business at some point with the tax office. What you have to consider at the start and what types of taxes there are, I explain in detail here.
I also give practical tips on how to handle your income so that you don't get into trouble with the tax office later.
#12 Financial Tips and Liquidity
Having your finances under control is the secret of long-term successful self-employment. Therefore, this step is about liquidity and financial tips.
The topic of reserves and how to plan for the long term also play an important role.
#13 Find and Receive Funding
There are various options for start-ups to receive funding, and for some, this is an important prerequisite for getting started at all.
In this step, I describe what funding is available and how you can get advice.
#14 Important Insurances and Recommendations
Some founders may love the risk, but insurance is still a sensible thing and sometimes even an obligation.
In this part, you will find out which important insurances are available and which can be quite useful.
#15 Cost of Self-Employment
You don't have to earn every euro that you don't spend. This is a good way to make more profit, but there are still costs that cannot be avoided or that are even sensible.
That is why I am going into the cost of starting a business and self-employment and giving tips on how to keep them under control.
#16 Prices and Offer Planning
If you work for customers or offer products, then finding the price is a very important step in starting your own business.
Therefore, among other things, it is about price calculation, hourly rates, range planning, and the subsequent adjustment of all these points.
#17 Customer Acquisition and Marketing
“If you don't advertise, you die”. It is no longer quite like this in today's times, but nobody out there is waiting for your products and services.
Therefore, it is important that you actively do marketing and get started with customer acquisition. This part describes the possibilities for this and which mistakes should be avoided.
#18 Legal Pitfalls
Unfortunately, as a business start-up, you can't avoid legal issues, even if I still don't enjoy them to this day.
But they are necessary and so this step is about contracts, terms and conditions, online law, and more.
#19 15 Reasons Why Self-Employed People Fail
In this article “of the horror” you will find out what causes many start-ups and self-employed people to fail. ;-)
But if you know where the possible risks lie, you can avoid them very well, and here are tips from my many years of experience.
#20 15 Important Success Factors for the Self-Employed
Some self-employed people just manage to make ends meet after many years, while others become very successful. It doesn't have much to do with luck.
I list important success factors for the self-employed in this article.
#21 8 Tips for After Starting Your Business
After the start-up phase, things continue, of course, and there, too, many challenges await, but also a lot of opportunities.
That's why I give 8 tips for the time after starting a business.
#22 Link Tips
At the end of the step-by-step guide for business start-ups on how to start your own business, I will give you some link tips that will help a lot with further questions.
In addition, I will summarize the series of articles again and list helpful resources.
Why is This Step-by-Step Guide So Long?
22 articles are of course a lot, but the topic of business start-ups is very extensive and you have to pay attention to many things in order not to fail.
I'm not even claiming that all possible special cases and topics are covered in my manual, but the most important aspects and steps are covered.
If you have any other specific questions or problems, just leave a comment on the relevant article in this series and I'll help as best I can.
Is There a Guarantee for Successful Self-Employment?
If you now believe that this series of articles is a guarantee for successful self-employment, then unfortunately I have to disappoint you. Nobody can guarantee that and whoever promises something like that is either a charlatan or a fraud who only wants your money.
If you deal intensively with the individual steps and give yourself a lot of thought, then the chances of long-term successful self-employment increase in any case.
Which is Better Employed or Self-Employed?
From more than 15 years of self-employment, I can say that I cannot imagine ever being employed again.
Is it always easy to be self-employed? No. Will you ever be lazy and only count the 1,000 euro bills? At least I don't.
But I am happy with my independence and enjoy what I do every day (most things at least) and can also make a very good living from it.
But of course, in the end, everyone has to decide for themselves whether a job or self-employment is better.
What is the Next Step in Self-Employment?
If you have worked through all the articles in this step-by-step series and implemented your “self-employment” plan, then first of all I congratulate you. This is the first and most important step.
However, learning as a self-employed person never stops and that's why you will find many more articles and tutorials about self-employment on the internet here in my blog.
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